The latest edition of Startups Weekly highlights significant developments in the startup landscape, including Divvy Homes' $1 billion sale, marking a notable acquisition in the rent-to-own sector. Hindustan Unilever's acquisition of skincare startup Minimalist for $342 million indicates strong interest in emerging consumer brands. However, the week's focus also shifts to challenges, like Scale AI's ongoing legal issues and Metropolis' acquisition of Oosto at steep markdowns, illustrating the volatility and risks accompanying tech startups, particularly in controversial sectors.
AI-powered parking platform Metropolis acquired computer vision company Oosto for a fraction of its previously raised funds, highlighting shifts in investor confidence regarding surveillance technologies.
Divvy Homes’ sale to Brookfield Properties for $1 billion reflects ongoing market dynamics, yet some shareholders might be left without returns from the acquisition.
Collection
[
|
...
]